49 Bids Received for 24 Coal Blocks in 14th Round of Commercial Coal Blocks Auction
A total of 11 companies participated in the auction, including five new entrants bidding for the first time under the commercial coal mining regime
The Nominated Authority, Ministry of Coal, today opened bids for the 14th round of the Commercial Coal Blocks Auction, witnessing robust participation from industry stakeholders and reaffirming sustained interest in India’s commercial coal mining framework.
Out of the 41 coal blocks offered in this round, bids were received for 24 blocks, with a total of 49 bids submitted. The bid opening process was conducted through an online platform, where electronic bids were decrypted and opened in the presence of participating bidders. This was followed by the opening of sealed envelopes containing offline bid documents. The entire process was displayed live on screen to ensure complete transparency.
A total of 11 companies participated in the auction, including five new entrants bidding for the first time under the commercial coal mining regime. The participation of new players reflects growing confidence in the policy framework and highlights expanding opportunities within India’s coal sector.
The bids will now be examined by a multi-disciplinary Technical Evaluation Committee. Technically qualified bidders will be shortlisted for the next stage, which involves participation in the electronic auction to be conducted on the MSTC portal.
The continued response to commercial coal block auctions underscores the coal sector’s pivotal role in supporting industrial growth, strengthening energy security, and contributing to India’s broader economic objectives as the country advances towards becoming the world’s third-largest economy.
